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Ralph L. Schlosstein
President & Director, BlackRock
Ralph L. Schlosstein, President and a Director of BlackRock, is a member of the Executive and Management Committees. He is also Chairman of the Board of BlackRock's family of closed-end mutual funds; Chairman of the Board, Trustee and President of the BlackRock Liquidity Funds; and a Director of several of BlackRock's alternative investment vehicles. In addition, he is the co-chair of the Alternatives Operating Committee and he oversees BlackRock's Illiquid Market and Alternative Investments business.
Prior to founding BlackRock in 1988, Mr. Schlosstein was a Managing Director of Lehman Brothers Inc. Mr. Schlosstein joined Lehman in 1981 and became co-head of the Mortgage and Savings Institutions Group in 1984. Mr. Schlosstein also started Lehman's Interest Rate Swap Group. From 1977 to 1981, Mr. Schlosstein worked for the Federal government. Initially, he was Deputy to the Assistant Secretary of the Treasury Department, where he was responsible for administering the New York City loan program and for advising the Treasury Secretary on municipal finance issues. Subsequently, he became Associate Director of The White House Domestic Policy Staff, where he was responsible for advising the President on urban policy, economic development and housing issues. From 1974 to 1977, Mr. Schlosstein was an economist for the Congressional Joint Economic Committee.
Mr. Schlosstein is a member of the Visiting Board of Overseers of the John F. Kennedy School of Government at Harvard University, a member of the Board of the Financial Institutions Center of The Wharton School of the University of Pennsylvania, a Trustee of the American Museum of Natural History, a Trustee of Trinity School in New York City, a member of the Board of Advisors of Marujupu LLC, a Trustee of the James Beard Foundation, and a Trustee of New Visions for Public Education and The Public Theater in New York City.
Mr. Schlosstein earned a BA degree, cum laude, in economics from Denison University in 1972, and completed his coursework for a Masters of Public Policy from the Graduate School of Public and International Affairs at the University of Pittsburgh.
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